Westpac Banking Corp. agreed to pay A$113 million ($80.6 million) in penalties after the Australian regulator alleged the lender had widespread compliance failures that included charging dead people. The case includes a claim that Westpac charged more than A$10 million …
The controlling shareholders of Thai insurer Syn Mun Kong Insurance Pcl are exploring the sale of a majority stake in the firm and have picked several strategic players to advance into the next round of bidding, according to people familiar …
Charlotte-based Insurance broker McGriff, a subsidiary of Truist Holdings, announced the promotion of two long-time officers. Crystal Sanderson, now senior vice president and director of McGriff’s sales center, will become practice leader for national personal lines and small business, the …
Two Southern states have taken steps to provide improved benefits for first responders who suffer from mental conditions and from cancers that may be linked to workplace hazards. In North Carolina, lawmakers approved a state budget that includes a supplemental …
A group of former Google employees sued the Alphabet Inc. unit on Monday alleging that it breached their employment contracts by not honoring its famous motto “don’t be evil.” In the lawsuit filed in California state court in Santa Clara …
While a Cleveland jury concluded Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. exacerbated Ohio’s opioid epidemic with lax oversight of prescription painkillers, the verdict may not survive on appeal, according to legal experts. The companies, which vowed …
Ever heard of a gram shop law? It’s a thing, and if you’re an insurance broker in Michigan focused on the cannabis space, then you and your clients are well aware of the term. The law, signed by Gov. Gretchen …
After his local library had to shut down because of a ransomware attack, Indiana state Rep. Mike Karickhoff realized the state didn’t know much about the frequency of such security breaches. Spurred by similar crimes across Indiana last year, he …
A Florida Senate committee has drafted a bill that would extend health care providers’ COVID-19 liability protection for another 14 months. The Legislature in 2021 created the lawsuit protections for doctors, hospitals, nursing homes and others, but they are due …
A marijuana testing lab filed a lawsuit against Michigan regulators after a major product recall and allegations of unreliable results. Viridis Laboratories, with operations in Lansing and Bay City, said the “unjustified” recall last week caused an estimated $229 million …
